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Forex trading - best time

  • #41
  • Apr 3, 2017 6:46am Apr 3, 2017 6:46am
Quoting AngelInvest
If you're looking for liquidity in the market, I recommend the US-London overlap, that is where the most movement occurs Asian market sessions are fine too honestly but the market moves much slower and only starts to pick up when London wakes up.
That has been my impression as well.
That said, some people prefer a quieter market when they trade. To each their own.
  • #42
  • Apr 4, 2017 10:08am Apr 4, 2017 10:08am
Agree that the best time for trading is during european session after news coming.
  • #43
  • Apr 5, 2017 4:16am Apr 5, 2017 4:16am
in running trading can be run at any time, and that should remind you to run trading with maximum own knowledge for forex can be run by bringing in success.
  • #44
  • Apr 7, 2017 11:30pm Apr 7, 2017 11:30pm
Since you'd want volatility so that you can profit from a move, map a ATR (Average True Range) indi on the hourly chart of the pairs you'd like to trade. That should show the range of day that they are most volatile. Eur/Usd is the most even pair I've seen lately. Its volatility can be mapped as it repeats so much.

*In normal market conditions, pairs are most active when they are morning to early afternoon in their respected countries.

In the Eur/Usd this week, it was most volatile from European Open or 1 hour before Euro Open (3am Eastern US), until just after US Close (2-4pm Eastern US time) which I marked in the grey areas.
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  • #45
  • Apr 8, 2017 5:54am Apr 8, 2017 5:54am
Quoting hasmunfx
Agree that the best time for trading is during european session after news coming.
Wait, why after news coming out? There's a lot of volatility then, I am not sure how good of an idea that is.
  • #46
  • Apr 9, 2017 1:25am Apr 9, 2017 1:25am
Obviously, it really depends on your pairs, right?

I primarily trade the EU, so I will actually trade from about 2am - 10 am EST
I did some statistical analysis on this time frame, and for my system these are the time that work best.

Here's what I came up with...

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This is showing the entry signals per hour... You can see, for me there are times to get in, and times to avoid...

Bottom line... it all depends on your pairs, and your strategy...
  • #47
  • Apr 12, 2017 7:23am Apr 12, 2017 7:23am
Quoting nummularius
Obviously, it really depends on your pairs, right? I primarily trade the EU, so I will actually trade from about 2am - 10 am EST I did some statistical analysis on this time frame, and for my system these are the time that work best. Here's what I came up with... {image} This is showing the entry signals per hour... You can see, for me there are times to get in, and times to avoid... Bottom line... it all depends on your pairs, and your strategy...
I absolutely agree. People have different needs based on what and how they trade. I think the best thing we can do is list the most popular trading times and newbies can pick for themselves which ones fit them the most.
  • #48
  • Jul 8, 2017 12:13pm Jul 8, 2017 12:13pm
There is anyone who is particularly newcomers but able to make profit during news?
if you are , please share more about especially which currency you do prefer during news ?
  • #49
  • Sep 22, 2017 7:21am Sep 22, 2017 7:21am
For the newcomers its quite difficult to ensure profit during news due to lack of most accurate fundamental knowledge.
  • #50
  • Sep 22, 2017 10:34am Sep 22, 2017 10:34am
Quoting JamesFaulkn
For the newcomers its quite difficult to ensure profit during news due to lack of most accurate fundamental knowledge.
It's not just difficult it is dangerous to their accounts. The market's reaction to the news can be quite unpredictable and only an experienced trader would be able to react quickly and efficiently to such reactions.
  • #51
  • Sep 23, 2017 3:29am Sep 23, 2017 3:29am
Quoting pretorian1
Hello, I would like to ask you ladies and gentlemen, which - in you opinion - are best trading hours ? I heard from my mate, proffesional trader, that he is trading only from 8:30 to 11:00 and from 14:00 to 16:30 [GMT+1 time] because he has the best trading results these hours. What are your opinions about this ? What hours do you usually trade ? And why ? Regards, pretorian1

There is no such as fixed trading session or period! Basically, pro traders are full-time traders actually, they don’t want for any particular trading session! They wait for every opportunity of trading.
  • #52
  • Sep 28, 2017 3:57am Sep 28, 2017 3:57am
In my opinion there is no such a thing as "the best time to trade", it depends on the markets you trade on (I trade on markets all over the world, with different trading hours), depends on the trype of assets you trade on, depends on the day and date you trade on and depends on a lot of other things thats going on around us.
Also, how do you define the best time to trade? by winning positions? high volatility?
  • #53
  • Oct 7, 2017 7:10am Oct 7, 2017 7:10am
Quoting SjefLeaven
In my opinion there is no such a thing as "the best time to trade", it depends on the markets you trade on (I trade on markets all over the world, with different trading hours), depends on the trype of assets you trade on, depends on the day and date you trade on and depends on a lot of other things thats going on around us. Also, how do you define the best time to trade? by winning positions? high volatility?
That's my sentiment exactly - what is the best time to trade on depends on the individual and is highly subjective depending on a multiple factor related to their trading approach. One must decide for themselves what's best for them.
  • #54
  • Oct 8, 2017 6:46am Oct 8, 2017 6:46am
The best time to trade is when you get the best set up. That can occur during any session. With that said, a lot depends on the strategy you use. If you are a scalper, the best time is usually when markets are slow so Asian session. If you are an intraday trader, you should look at London/NY session. For long term strategies doesnt really matter when you trade.

My general sentiment is the higher leverage you use, the slowest session you trade. You dont want to enter a trade with a 1:20 leverage during London/NY overlap just to loose 10% of the account in a matter of minutes...
  • #55
  • Oct 17, 2017 2:50am Oct 17, 2017 2:50am
A huge favorable position in forex trading is the capacity to trade for twenty four hours every day consistently. In any case, the trading day comprises of different trading sessions: the European session, American session and the Asian session – otherwise called the London, New York and Tokyo or Sydney sessions. This is on the grounds that there is no single exchange in the forex showcase and distinctive nations trade at various circumstances.
  • #56
  • Oct 17, 2017 8:17am Oct 17, 2017 8:17am
Quoting Hugelee
A huge favorable position in forex trading is the capacity to trade for twenty four hours every day consistently. In any case, the trading day comprises of different trading sessions: the European session, American session and the Asian session – otherwise called the London, New York and Tokyo or Sydney sessions. This is on the grounds that there is no single exchange in the forex showcase and distinctive nations trade at various circumstances.
Which one of these sessions do you prefer for your trading?
  • #57
  • Oct 17, 2017 8:59am Oct 17, 2017 8:59am
Quoting mlawson71
{quote} It's not just difficult it is dangerous to their accounts. The market's reaction to the news can be quite unpredictable and only an experienced trader would be able to react quickly and efficiently to such reactions.
Agree. Only the traders who are particularly professional in Forex they can be successfully during news. It’s really difficult to predict something that time. So the newcomers always have to avoid news trading for avoiding extra risk.
  • #58
  • Oct 17, 2017 3:58pm Oct 17, 2017 3:58pm
Common sense would suggest trading when the banks for either currency of the pair are open.

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  • #59
  • Oct 18, 2017 8:32am Oct 18, 2017 8:32am
Quoting BenDunk
{quote} Agree. Only the traders who are particularly professional in Forex they can be successfully during news. It’s really difficult to predict something that time. So the newcomers always have to avoid news trading for avoiding extra risk.
I don't really consider myself a newcomer anymore, but I too still avoid trading during big news events. I'd rather be safe than sorry.
  • #60
  • Apr 17, 2018 5:24am Apr 17, 2018 5:24am
Quoting mlawson71
{quote} I don't really consider myself a newcomer anymore, but I too still avoid trading during big news events. I'd rather be safe than sorry.
Good decision, almost I also follow the same approach on high voltage news sessions; but sometimes I use few opportunities with the half trading lots size.
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